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---
type: "Bill"
title: "A bill for an act relating to certain public utilities, including the development of ratemaking principles permitted for recovery costs of certain investments in infrastructure by water and wastewater utilities and cost considerations for acquisitions of water, sanitary sewer, or storm water utilities."
description: "A bill for an act relating to certain public utilities, including the development of ratemaking principles permitted for recovery costs of certain investments in infrastructure by water and wastewater utilities and cost considerations for acquisitions of water, sanitary sewer, or storm water utilities."
jurisdiction: "us/states/ia"
legislature: "Iowa General Assembly"
session: "2025-2026"
identifier: "SF 2304"
citation: "Iowa SF 2304 (2025-2026)"
classification: ["bill"]
subjects: ["infrastructure", "investments", "property taxes", "utilities", "utilities commission", "water", "water utilities"]
status: "enacted"
primary_sponsors: []
version_count: 7
action_count: 15
vote_count: 1
first_action: "2026-02-12"
last_action: "2026-06-01"
source: "openstates"
source_identifier: "ocd-bill/1c63b220-3bb9-4261-b4d0-cd75f5d81950"
source_url: "https://www.legis.iowa.gov/legislation/billTracking/billHistory?billName=SF 2304&ga=91"
source_hash: "165db6d0712b69ef095144002e2b8e7cfde18332727fe05c28e625efb22cbd6e"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ia"]
---
# Iowa SF 2304 (2025-2026) — A bill for an act relating to certain public utilities, including the development of ratemaking principles permitted for recovery costs of certain investments in infrastructure by water and wastewater utilities and cost considerations for acquisitions of water, sanitary sewer, or storm water utilities.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](https://www.legis.iowa.gov/docs/publications/LGI/91/attachments/SF2304.html)
2. **Amendment S-5124** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/AMDI/91/S5124.pdf)
3. **Enrolled with Governor's Action** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/LGEG/91/attachments/SF2304.html)
4. **Reprinted** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/LGR/91/attachments/SF2304.html)
5. **Reprinted Marked Up** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/LGRM/91/attachments/SF2304.html)
6. **Signed Enrolled Bill (PDF)** (committee substitute) — [source](https://www.legis.iowa.gov/docs/publications/LGE/91/Attachments/SF2304_GovLetter.pdf)
7. **Enrolled** (enrolled) — [source](https://www.legis.iowa.gov/docs/publications/LGE/91/attachments/SF2304.html)
## Votes
- Shall the bill pass? — **46–0** (pass) · upper
## Sponsors
- COMMITTEE ON COMMERCE — primary (organization)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2026-02-12** Introduced, placed on calendar. `introduction`
- **2026-02-12** Committee report, approving bill. `committee-passage`
- **2026-03-19** Placed on calendar under unfinished business.
- **2026-03-23** Amendment S-5124 filed. `amendment-introduction`
- **2026-03-31** Amendment S-5124 adopted. `amendment-passage`
- **2026-03-31** Passed Senate, yeas 46, nays 0. `passage`
- **2026-03-31** Immediate message.
- **2026-04-01** Message from Senate.
- **2026-04-01** Read first time, passed on file. `reading-1`
- **2026-04-06** Substituted for HF 2581.
- **2026-04-06** Passed House, yeas 92, nays 0. `passage`
- **2026-04-06** Immediate message.
- **2026-04-07** Message from House.
- **2026-05-05** Reported correctly enrolled, signed by President and Speaker, and sent to Governor.
- **2026-06-01** Signed by Governor. `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/1c63b220-3bb9-4261-b4d0-cd75f5d81950`. Confidence: reported (aggregated from official Iowa legislature records).